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Global Platform Supply Vessels (PSV) Market Growth 2023-2029

Global Platform Supply Vessels (PSV) Market Growth 2023-2029

Product Code:449390

Published Date: Feb 08,2023

Pages: 119

Region: Global

Category: Machinery & Equipment

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A Platform supply vessel (PSV) is a ship specially designed to supply offshore oil and gas platforms. These ships range from 50 to 100 meters in length and accomplish a variety of tasks. The primary function for most of these vessels is logistic support and transportation of goods, tools, equipment and personnel to and from offshore oil platforms and other offshore structures. In the recent years a new generation of Platform Supply Vessel entered the market, usually equipped with Class 1 or Class 2 Dynamic Positioning System.

LPI (LP Information)' newest research report, the “Platform Supply Vessels (PSV) Industry Forecast” looks at past sales and reviews total world Platform Supply Vessels (PSV) sales in 2022, providing a comprehensive analysis by region and market sector of projected Platform Supply Vessels (PSV) sales for 2023 through 2029. With Platform Supply Vessels (PSV) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Platform Supply Vessels (PSV) industry.

This Insight Report provides a comprehensive analysis of the global Platform Supply Vessels (PSV) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Platform Supply Vessels (PSV) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Platform Supply Vessels (PSV) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Platform Supply Vessels (PSV) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Platform Supply Vessels (PSV).

The global Platform Supply Vessels (PSV) market size is projected to grow from US$ 3406.9 million in 2022 to US$ 3961.6 million in 2029; it is expected to grow at a CAGR of 3961.6 from 2023 to 2029.

The major players in the global Platform Supply Vessels (PSV) market are COSCO Shipping, Vard Group, Shipyard DeHop, Wuchang Shipbuilding, Eastern Shipbuilding Group, etc. The top five players occupy about 20% of the market share.

The United States is the largest Platform Supply Vessels (PSV) market, with a market share of about 40%, followed by China with about 30%.

This report presents a comprehensive overview, market shares, and growth opportunities of Platform Supply Vessels (PSV) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    PSV below 3000 DWT
    PSV above 3000 DWT

Segmentation by application
    Oil & Gas Production
    Offshore Construction
    Military
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    COSCO Shipping
    Vard Group
    Xiamen Shipbuilding
    Nam Cheong
    VT Halter Marine
    Americasn SB
    Damen
    SINOPACIFIC
    Shipyard DeHoop
    Wuchang Shipbuilding
    BAE Systems
    Ulstein Verft
    Bollinger Shipyards
    Bordelon Marine SB
    Eastern Shipbuilding Group
    Remontowa
    Harvey Shipyards

Key Questions Addressed in this Report
What is the 10-year outlook for the global Platform Supply Vessels (PSV) market?
What factors are driving Platform Supply Vessels (PSV) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Platform Supply Vessels (PSV) market opportunities vary by end market size?
How does Platform Supply Vessels (PSV) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?